Market Data Highlights

February 1, 2019 BY Chantal Polsonetti

Industrial Internet of Things (IoT) edge software platforms have emerged from their origins in device connectivity and management to full-blown IT/OT integration and application execution environments capable of serving escalating requirements at this tier of the architecture.

The 2019 ARC Industry Forum was a great success with record attendance by both end users and suppliers. This year’s event, the 23rd, included attendees from throughout the globe discussing digital transformation topics in asset-intensive and smart industries, cities, and municipalities.

Prospects for growth in industrial IoT solutions are looking up as Industrial IoT Edge 2.0 emphasizes ease of use, self-service, turnkey operation to address the complexity associated with early installations, which has been a significant growth governor to date.

Basic process control, what we now call level 2 in the Purdue Enterprise Reference Architecture, has been the basis for successful process manufacturing for decades. Innovations have moved from mechanical, to electrical, and on to computational. Currently, the process control innovation has moved further up the architecture leaving changes at level 2 being mostly incremental.

The 2019 ARC Industry Forum was a great success with record attendance by both end users and suppliers. This year’s event, the 23rd, included attendees from throughout the globe discussing digital transformation topics in asset-intensive and smart industries, cities, and municipalities.

As we’ve learned, digital transformation can be a challenging, if necessary, journey. At each year’s Forum, we learn more about how pioneering companies are overcoming these challenges and the associated operational and business benefits. This year, one of the key Forum takeaways was that culture, rather than technology, is often one of the major barriers to digital transformation.

Honeywell announced the latest release of Secure Media Exchange (SMX), a cybersecurity solution to protect industrial operators against new and emerging Universal Serial Bus (USB) threats. SMX now includes patent pending capabilities to protect against a broad range of malicious USB device attacks, which disrupt operations through misuse of legitimate USB functions or unauthorized device actions.

This article further examines how the Security Response Process and the Product Security Incident Response Team (PSIRT) processes achieve more than effective responses, they also help prevent and detect security events. Figure 1 shows an example of a typical PSIRT process.

This article further examines how the Security Response Process and the Product Security Incident Response Team (PSIRT) processes achieve more than effective responses, they also help prevent and detect security events. Figure 1 shows an example of a typical PSIRT process.

In its 2019 Forum, ARC Advisory Group is expanding the Smart Cities track – filling it with thought-provoking talks and discussion on topics that matter to you. One such session is: Examine Smart City Platform Success Stories.

For over twenty years, ARC Advisory Group has hosted the ARC Industry & City Forum, where over 1,000 private and public sector leaders gather to discuss Digital Transformation, Cybersecurity, and Smart City topics. In its 2019 Forum, ARC Advisory Group is expanding the Smart Cities track – filling it with thought-provoking talks and discussion on topics that matter to you. One such session is Commercial and industrial use of drones for Smart Cities.

For over twenty years, ARC Advisory Group has hosted the ARC Industry & City Forum, where over 1000 private and public sector leaders gather to discuss Digital Transformation, Cybersecurity, and Smart City topics. In its 2019 Forum, ARC Advisory Group is expanding the Smart Cities track – filling it with thought-provoking talks and discussion on topics that matter to you. One such meeting is: a session on Autonomous Mobile Robots Come of Age.

Logistics Viewpoints

A project funded by the European Union (EU) aims to improve the ability of robots to set their own goals and develop autonomous skills. According to the European Commission, this would increase EU’s competitiveness in the field of artificial intelligence and advanced learning. Can robots learn?

Telit, a global enabler of Internet of Things (IoT) solutions, announced Telit OneEdge, a new initiative developed to help speed IoT deployments and reduce the time required to monetize the digitalization of businesses.

ARC Advisory Group had the opportunity to attend the 5th Annual Well Site Automation Conference held in Houston, Texas back in January. About 250 people attended the conference and there were about 15 exhibitors.

The 49th World Economic Forum Annual Meeting in Davos, Switzerland, January 22–25, 2019, drew more than 3,000 participants from 115 countries. This year’s theme was "Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution.”

Meet the Expert

Harry leads ARC research in topics of industrial networks and electric power. He also covers the emerging "Open Process Automation" initiative led by ExxonMobil and The Open Group. Harry also contributes to ARC research in DCS and the Industrial Internet of Things.